Taiwan. Government’s early response to Covid-19, enables car market to contain losses (-11.1%) in...
Taiwanese Vehicles Sales were not largely affected by the Coronavirus outbreak, as Government’s early deployment of restriction measures managed to contain the number of cases throughout the country. However, in April the market reported an 11.1% drop at 30.882 units, leading Year to Date figures at 134.383 (+1.9%).
Iranian vehicles market in March was enormously hit by the Coronavirus, as the Government imposed lockdown measures in order to slow down its spread. Indeed, sales plummeted 88.5% in March with only 8.467 units sold, ending the first quarter at 159.786 (-29.9%).
Korean Vehicles Market bounced back with double-digit growth in March, after being largely hit by the Coronavirus in the previous month. Indeed, registrations grew 16.5% in March at 171.329, ending the first quarter at 390.646 (-3.6%).
Japan Auto Market was unaffected by the Covid-19, performing even better than the previous months. Indeed, auto sales lost 8.1% in March with 588.714 units sold, ending the Q1 at 1.375.822 (-9.3%). However, registrations are likely to be hit in April.
Korea best selling cars ranking in 2020 dominated again by the Hyundai Grandeur ahead of the Hyundai Porter. Stunning performance scored by the Kia K5, reaching the podium with 5.9% of market share. Kia Seltos entered the top 10 for the first time ever.
South Korea Automotive Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.
Hong Kong Auto sales in 2019 declined from the previous year, despite an impressive first half. Indeed, Total sales in 2019 have been 38.180, down 9.6% from the previous year. Toyota dominated the market reaching 31.9% of share, while Tesla landed in 6th place.